Loan Amortization Schedule Template in Microsoft Excel

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An Loan Amortization Schedule which is also known as mortgage or loan schedule, is a list of payments that shows each loan repayment and a breakdown of the principle amount and the interest. It shows the breakdown so that you can see how much is going toward the principle and interest each month.  Apart from this, the schedule also shows the remaining balance after each payment has been made. In other words, it calculates your monthly loan repayment and lets you know how much of your monthly installment will go towards the principle and how much will be paid for interest.

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